Adroit Infotech Balance Sheet Health
Financial Health criteria checks 3/6
Adroit Infotech has a total shareholder equity of ₹198.8M and total debt of ₹27.6M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are ₹341.5M and ₹142.7M respectively.
Key information
13.9%
Debt to equity ratio
₹27.62m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹8.77m |
| Equity | ₹198.83m |
| Total liabilities | ₹142.71m |
| Total assets | ₹341.54m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ADROITINFO's short term assets (₹120.4M) exceed its short term liabilities (₹64.1M).
Long Term Liabilities: ADROITINFO's short term assets (₹120.4M) exceed its long term liabilities (₹78.6M).
Debt to Equity History and Analysis
Debt Level: ADROITINFO's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: ADROITINFO's debt to equity ratio has increased from 1.2% to 13.9% over the past 5 years.
Debt Coverage: ADROITINFO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ADROITINFO's interest payments on its debt are well covered by EBIT.